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Thuringowa Central suburb profile

Thuringowa Central is a vibrant suburb located in the City of Townsville, Queensland, offering a blend of urban amenities and natural beauty. As a key commercial and administrative hub, it features shopping centres, dining options, and essential services, making it a convenient location for residents. The suburb is home to the Riverway complex, which provides recreational facilities, parklands, and cultural events along the picturesque Ross River. With its family-friendly atmosphere, excellent schools, and proximity to Townsville's attractions, Thuringowa Central is an appealing choice for families and professionals seeking a balanced lifestyle.

Thuringowa Central property market performance

Property growth+15.9%Past 12 months

Thuringowa Central has experienced notable growth in property values over the past 12 months. House values have surged by 20.8%, while unit values have increased by 9.6%. Despite the absence of a current median price for both houses and units, this growth indicates a strong demand in the area.

Sales activity has been limited, with only 9 houses and 4 units sold in the past 12 months. However, properties are moving quickly, with houses spending a median of 17 days on the market and units just 16 days, suggesting a competitive market environment.

The rental market for houses in Thuringowa Central has seen a significant increase, with average rents rising by 10% over the last 12 months to $550. Meanwhile, unit rents have remained unchanged, reflecting a stable demand in the unit rental sector.

HousesUnits
Median price
Past 3 months
$680KN/A
Change in value
Past 12 months
21.2%10.6%
Sold
Past 3 months
112
Median days on market
Past 12 months
1816
Average rent
Past 12 months
$550N/A
Change in rent
Past 12 months
7.8%N/A

5 year median price trend for houses and units

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Thuringowa Central demographics

Thuringowa Central, located in the northern region of Queensland, is a suburb that offers a blend of suburban comfort and accessibility to urban amenities. With a population of 1,953, it presents a close-knit community atmosphere, ideal for families and individuals seeking a quieter lifestyle. The median age of 38 suggests a mature community, with a balanced mix of young families and established residents enjoying the area's amenities and lifestyle.

The suburb's family dynamics are diverse, with 40.1% of households being couple families with children, and 35.8% being couple families without children. This indicates a strong family presence, complemented by 22.5% of households being one-parent families. Such diversity in family structures contributes to a supportive and inclusive community environment.

In terms of property ownership, Thuringowa Central shows a healthy mix of stability and flexibility. A significant 29.7% of properties are owned outright, while 41.8% are owned with a mortgage, reflecting a stable housing market with opportunities for new buyers. Additionally, 28.5% of properties are rented, providing options for those seeking rental accommodations. The median total household income of $1,769 per week supports a comfortable lifestyle, making Thuringowa Central an attractive suburb for families and individuals alike.

Suburbs near Thuringowa Central

Some popular suburbs near Thuringowa Central include:

  • Kirwan: Known for its family-friendly atmosphere and sporting facilities, Kirwan is located directly to the east of Thuringowa Central.
  • Condon: Featuring a mix of residential and natural landscapes, Condon lies to the southwest of Thuringowa Central.
  • Cranbrook: Offering a variety of shopping and educational facilities, Cranbrook is situated to the southeast of Thuringowa Central.
  • Douglas: Known for its proximity to James Cook University and the Townsville Hospital, Douglas is located to the southeast of Thuringowa Central.
  • Rasmussen: Characterized by its suburban feel and access to the Ross River, Rasmussen is situated to the southwest of Thuringowa Central.

How does Thuringowa Central compare to nearby suburbs?

  • Median house prices: Thuringowa Central’s median house price is 0.1% higher than Kirwan’s.
  • House price growth: Over the past 12 months, house prices in Thuringowa Central have grown 5.1% higher than in Kirwan.
  • Unit price growth: Property prices in nearby Kirwan have risen 6.3% more than in Thuringowa Central over the past year.
  • Selling speed for houses: Properties in nearby Kirwan are selling 11.1% faster than in Thuringowa Central.
  • Selling speed for units: Properties in Thuringowa Central are selling 27.3% faster than in Cranbrook.

Choose the right real estate agents in Thuringowa Central

There are 35 real estate agents in Thuringowa Central, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 25.6% of all sales in the past year.

Commission rates in Thuringowa Central typically range from 2.47% to 3.09%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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